Cookson Peirce & Co. Inc. Makes New $301,000 Investment in Amplify Mobile Payments ETF (NYSEARCA:IPAY)

Cookson Peirce & Co. Inc. purchased a new position in shares of Amplify Mobile Payments ETF (NYSEARCA:IPAY) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,191 shares of the company’s stock, valued at approximately $301,000. Cookson Peirce & Co. Inc. owned about 0.08% of Amplify Mobile Payments ETF as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. bought a new stake in shares of Amplify Mobile Payments ETF in the 3rd quarter valued at about $17,150,000. Florin Court Capital LLP lifted its stake in shares of Amplify Mobile Payments ETF by 9.7% in the 4th quarter. Florin Court Capital LLP now owns 29,461 shares of the company’s stock valued at $1,708,000 after acquiring an additional 2,614 shares during the last quarter. Flagship Harbor Advisors LLC lifted its stake in shares of Amplify Mobile Payments ETF by 43.6% in the 4th quarter. Flagship Harbor Advisors LLC now owns 8,698 shares of the company’s stock valued at $504,000 after acquiring an additional 2,641 shares during the last quarter. Strategic Blueprint LLC bought a new stake in shares of Amplify Mobile Payments ETF in the 4th quarter valued at about $209,000. Finally, MTM Investment Management LLC bought a new stake in shares of Amplify Mobile Payments ETF in the 4th quarter valued at about $58,000.

Amplify Mobile Payments ETF Trading Down 2.7 %

NYSEARCA IPAY opened at $54.76 on Friday. Amplify Mobile Payments ETF has a 1-year low of $44.11 and a 1-year high of $62.24. The stock has a 50-day moving average of $59.21 and a 200-day moving average of $56.61. The firm has a market cap of $405.22 million, a PE ratio of 25.39 and a beta of 1.39.

Amplify Mobile Payments ETF Profile

The ETFMG Prime Mobile Payments ETF (IPAY) is an exchange-traded fund that is based on the Prime Mobile Payments index. The fund tracks an index of global equity in credit card firms, and companies providing payment infrastructure, payment services, payment processing and payment solutions. IPAY was launched on Jul 15, 2015 and is managed by ETF Managers Group.